You will need Form 1098, which is your mortgage interest form. It will include the interest you paid on your home equity loan. You may not receive this form if you paid less than $600 in interest.

You will need Form 1098, which is your mortgage interest form. It will include the interest you paid on your home equity loan ...

HELOC balances rose 7.2% nationwide in 2024 as more homeowners tap equity amid high mortgage rates and limited refinancing ...

A Heloc can help you access the equity in your home on an as-needed basis through a revolving line of credit. The best Heloc ...

HELOC interest rates, not accounting for some upticks in recent weeks, have largely been on a steady decline since early 2024. At that point, they were around 10.16%, but now they're just 8.14% ...

With Americans collectively sitting on over $11 trillion in tappable home equity, it’s not surprising ... for convenience and speed may come in the form of higher interest rates.

Investment manager Angel Oak Capital Advisors has completed its first securitization backed by home equity lines of credit (HELOCs) amid strong demand from investors. “We remain solidly ...

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit that can be used for ongoing home renovations ...

Our opinions are our own. A home equity line of credit, or HELOC, is a second mortgage that lets you convert some of the equity in your home back into debt in exchange for cash. Your equity is the ...

According to the March 2025 Intercontinental Exchange (ICE) Mortgage Monitor Report, homeowners are sitting on an average of $313,000 in home equity. But due to stricter credit requirements ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...